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NET INCOME PER SHARE OF COMMON STOCK (Tables)
 9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Calculation of Basic and Diluted Net Income Per Share

Diluted net income per share is computed based on the weighted average number of shares of common stock outstanding during each period, plus dilutive potential shares of common stock considered outstanding during the period, in accordance with FASB ASC No. 260, “Earnings Per Share.”

 


     Nine months ended
September 30,		      Three months ended
September 30,		  
     2017      2016      2017      2016  
     (unaudited)      (unaudited)      (unaudited)      (unaudited)  

Numerator:

            

Net income

    $ 13,865      $ 7,899      $ 5,850      $ 3,388  
  

 

 

     

 

 

     

 

 

     

 

 

  

Denominator (in thousands):

            

Basic weighted-average common stock outstanding

      21,687        20,718        21,946        21,025  

Effect of stock -based awards

      793        677        737        858  
  

 

 

     

 

 

     

 

 

     

 

 

  

Diluted weighted average common stock outstanding

      22,480        21,395        22,683        21,883  
  

 

 

     

 

 

     

 

 

     

 

 

  

Basic net income per share

    $ 0.64      $ 0.38      $ 0.27      $ 0.16  
  

 

 

     

 

 

     

 

 

     

 

 

  

Diluted net income per share

    $ 0.62      $ 0.37      $ 0.26      $ 0.15